|  |  |  |  | |  | for Investment TrustsThe insurance market generally has a poor understanding of the ways in which the investment trust industry operates.
Consequently, investment trusts are often inappropriately represented to insurers who seek to mitigate misconceived perceptions of risk with heightened premiums and restricted cover. The latter is particularly worrying, because many policies contain restrictions which are sufficiently severe to render them almost ineffective. There can be catastrophic consequences if this becomes apparent when defending a claim.
Through having taken the time to thoroughly understand the investment trust industry and its liability insurance requirements, Howden has developed and evolved a series of products that cater specifically for the needs of the directors and officers of investment trusts. Evidence of our expertise is demonstrated through, what we describe as 'thought leadership' combined with more effective policy construction and the procurement of competitive premium pricing.
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